Analyst news

• Post-Brexit global equity loss of over $2 trillion worst ever: S&P

  26-06-2016 22:41 via rocketnews.com
  By Edward Krudy
  NEW YORK (Reuters) – The $2.08 trillion wiped off global equity markets on Friday after Britain voted to leave the European Union was the biggest daily loss ever, trumping the Lehman Brothers bankruptcy during the 2008 financial crisis and the Black Monday stock market crash of 1987, according to Standard & Poor’s Dow Jones Indices.
  Global markets skidded following the unexpected result from the June 23 referendum, in which Britons voted to withdraw from the EU by
  
  Read more

• MIDEAST STOCKS-Egypt underperforms region in a reaction to Brexit

  26-06-2016 12:01 via news.yahoo.com
  Egypt's stock market plunged on Sunday in response to Britain's decision to leave the European Union, underperforming other major Middle East markets as investors worried that global instability could further cut capital inflows into Egypt. The Egyptian stock index was down 5.8 percent in early afternoon. Naeem brokerage said in a note that the economic impact on Egypt of Brexit would not be very serious, because weakness in the British pound and euro could actually benefit the current account b
  
  Read more

Follow @news_analyst on Twitter!